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Caesars Entertainment (CZR) in Focus: Stock Tumbles 9.5%
August 06, 2014

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Caesars Entertainment Corporation (CZR - Free Report) saw a big move last session, as the company’s shares fell nearly 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for CZR, as the stock is now down over 29% in the past one-month time frame.

The gaming company which provides casino entertainment services has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

CZR currently has a Zacks Rank #4 (Sell) and its Earnings ESP is 0%.

Some better-ranked stocks in the same sector include Zynga, Inc. (ZNGA - Free Report) , Wyndham Worldwide Corporation (WYN - Free Report) and Choice Hotels International Inc. (CHH - Free Report) . All these stocks carry a Zacks Rank #2 (Buy).

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